Could this be a 'game-changer' for Indian investing?

INDIA

India's nascent social reforms could provide a boost to a domestic equity market that has struggled to build on the gains seen in 2012, according to Jupiter's Avinash Vazirani.

India’s benchmark index, the Sensex, bounced back from a miserable 2011 to post a 25.7% gain last year but has faltered again in 2013. Vazirani, manager of the £240m Jupiter India fund, is sanguine about the struggling shares, suggesting international investors may have already called the bottom of the market. “International investors seem to think the low point is behind us. It is domestic investors who have been selling. A lot of people went in at the top of the market in 2007, and are selling out now their NAVs are no longer negative [following the rally],” he said. A central ba...